Lutein market to be swept away by rising incidences of Ocular
Dublin, Ireland, July 22 2022 (GLOBE NEWSWIRE) — A market research and competitive intelligence provider called Fact.MR says the global lutein market would reach 330.3 Million US$ in 2022 and would trade in a passable CAGR of 6.3% between 2022 and 2032. Lutein helps maintain MPOD (Macular Pigment Optical Sensitivity). This, in turn, extends support for healthy vision.
In other words, it acts as one of the inner blue light absorbing sunglasses. The human retina could therefore be far from being damaged by direct sunlight or even many artificial light sources. Consuming lutein also reduces the risk of AMD (age-related macular degeneration).
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Research indicates that lutein is able to ward off various types of cancer (breast cancer, specifically), type 2 diabetes, skin disorders, and coronary heart disease.
Additionally, eye conditions such as cataracts, diabetic retinopathy, glaucoma, and other age-related macular degenerations that might lead to vision loss are the factors calling for the consumption of lutein, thus driving the market for lutein.
Why is the world witnessing a strong growth in demand for lutein?
“Increasing Consumer Awareness of the Benefits of the Expanding Lutein Intake Market”
Rising demand for lutein as a dietary supplement, its increasing use as a natural colorant in food and beverage applications, as well as its use as an additive in animal feed are among the factors that are expected to fueling the demand for this ingredient among many consumers. markets.
Growing consumer awareness of the benefits of lutein intake coupled with an increase in the number of health conscious people has led to increased spending on premium lutein products, which is consequently driving the market.
The suppleness and hydration of the skin are both preserved by lutein. It is mainly present in green and leafy plants and vegetables and has anti-inflammatory qualities. The increasing incidence of health problems caused by poor diet and people’s modern lifestyle can be attributed to the increased demand for lutein.
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Key segments covered by the Lutein Industry survey
- Lutein Market by Product Form:
- Powder and crystalline lutein
- Lutein in suspension in oil
- Beadlet Lutein
- Lutein Emulsion
- Lutein Market by End Use:
- Food supplements
- Lutein Market by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The major players are focusing on integrating lutein into food products, in order to have an edge over each other in the lutein market.
- VitaLutS (launched by Vitiva), emerges as one of the lutein esters made from marigold flowers. Manufacturers could make smaller tablets as well as capsules due to the increased purity of VitaLuts.
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The key players in the Lutein Market
- BASF SE
- DSM Nutritional Products S.A.
- Hansen Holding A/S
- Jarrow Formulas, Inc.
- Nature’s Bounty, Inc.
- Rexall Sundown, Inc.
- Kemin Industries, Inc.
- JF-Pharmaland Technology Development Co., Ltd.
Main takeaways from Lutein Market research
- North America holds 31.3% of the entire market.
- Europe contributes 25.6% of the market share.
- The global lutein market is expected to reach US$611.2 million by 2032.
Knowledge of Fact.MR domain in Food and drinks Division
Expert analysis, actionable insights, and strategic recommendations from Fact.MR’s highly experienced Food & Beverages team help clients around the world meet their unique business intelligence needs. With a repository of over a thousand reports and over a million data points, the team has analyzed the Food & Beverages division in over 50 countries for over a decade. The team provides unparalleled end-to-end research and advisory services.
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